Business

US imposes $300mn penalty on Seagate over Huawei shipments

US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.

Security

Securing radiological sources on the go

Radioactive materials are a critical tool in a number of industrial applications particularly oil and gas drilling and welding. While these sources are safe and well-regulated for their intended use; if lost or stolen the ...

Security

US still unraveling 'sophisticated' hack of 9 gov't agencies

U.S. authorities are still working to unravel the full scope of the likely Russian hack that gave the "sophisticated" actor behind the breach complete access to files and email from at least nine government agencies and about ...

Business

Montana governor bans TikTok. But can the state enforce the law?

Montana Gov. Greg Gianforte on Wednesday signed into law a first-of-its kind bill that makes it illegal for TikTok to operate in the state, setting up a potential legal fight with the company amid a litany of questions over ...

Chip component plant to get $300M expansion in Pennsylvania

The electronics subsidiary of German multinational health care company Merck KGaA said Wednesday it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials ...

Electronics & Semiconductors

Congress OKs bill to aid computer chip firms, counter China

The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, ...

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